20/06/2025
Specialized Medical Company has officially announced the successful completion of the individual (retail) tranche allocation in its initial public offering (IPO), reflecting strong investor demand and confidence.
According to the company’s statement, a total of 317,820 individual investors participated in the offering, submitting applications worth SAR 542.2 million, representing a coverage ratio of 1.45 times the allocated retail portion. This remarkable response underscores public confidence in the company's performance and its promising outlook within the healthcare sector. It also highlights the increasing interest among retail investors in high-quality IPOs within the Saudi market.
The IPO is a strategic step aimed at strengthening the company’s position and supporting its expansion plans in specialized medical services, aligning with the goals of Saudi Vision 2030.